When confronted with the impact of international financial crisis, we always persisted on the objective with continuous intensity and pace, and vigorously promoted the increment of quality as well as inventory optimization. In these five years, more than 17,000 low-end outdated enterprises have been phased out. The radiating and driving ability of national economic center city significantly enhanced.

Industrials marched toward high end. Structure optimization ratio of secondary and tertiary industry was 41.2:58.8, and that was 46.3:53.7 in 2010. An echelon-type modern industrial system has basically been formed. Strategic emerging industry became the main engine of development with annual growth rate of approximately 17.4% and its proportion of GDP increased from 28.2% to 40%.

The cultivation and development of future industries was sped up, such as aeronautics and astronautics, and life and health. Advancing manufacturing industry accounted for 76.1% of the value added of industries with annual revenue of RMB 20 million or more from their main business operations. The position as a financial center was enhanced. Value added of financial industry and deposit and loan balance in domestic and foreign currency ranked the third among large and medium-sized cities in China.

Traditional advantageous industries accelerated escalation to the upstream of the value chain. Brand building of fashion, furniture, glasses, clocks and watches, gold and jewelry industries ranked the top in China. The IF Design Awards we won ranked the top in China for four consecutive years. There were 159 well-known trademarks, which was 2.6 times of that at the beginning of the period.

Industry leaders continued to spring up. 4 enterprises were included in Fortune Global 500; 30 enterprises were listed on China Top 500; there are 65 enterprises with main business income exceeding RMB 10 billion, 8 of which had a main business income of over RMB 100 billion. In the past five years, there are 83 new domestic and foreign listed companies and the total number of listed companies reached 321. The total number of local companies listed on the SME Board and GEM Board ranked the top among large and medium-sized cities for nine consecutive years. The structure of domestic and foreign demands became more rational. Compared with the beginning of the period, the proportion of social investment of total investment exceeded 80%, representing an increase of 15 percentage points; industrial products sold in the domestic market accounted for 54.2%, increasing by 10.4 percentage points.

Foreign trade structure continued to optimize. General trade accounted for 41.5% of foreign trade, indicating an increase of 9.9 percentage points; technology trade rose by 2.4 times. Our development has formed new regional growth poles rapidly. Since we commenced the development and construction of 15 key areas two years ago, we have invested RMB 110 billion. 23 bases and gathering areas became an important carrier for the development of strategic emerging industries.